Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves
Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves — image 2Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves — image 3Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves — image 4Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves — image 5
Grade B+villamid-range

Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves

Silves · Central Algarve ·

€1.4M

Asking Price (EUR)

Limited comps — indicative only

Revenue projections are based on limited comparable data (0 comps, 0% confidence).

7.2%

True Net Yield (Owner, all-in)

5.0%

True Net Yield (Managed, all-in)

11.0%

True Gross Yield

37%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.1 months ago and is currently at 17% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.75, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €189,000/yr
Average Daily Rate: €1412
Payback Period: 9.6 years
5-yr Capital Value: €1.9M
10-yr Capital Value: €2.3M
Brixfox Score: 70.7 / 100
Comparable Properties: 0
Data Confidence: 0%
Search Radius: 15 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€1.7M

+18.2% over asking

Asking price€1.4M
IMT — Property transfer tax (investment schedule)€108,750
IS — Stamp duty (0.8%)€11,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€21,750
Total acquisition costs€143,350
Renovation (est. €55/m² × 881 m²)
Light touch-ups — paint, fixtures, deep clean.		€48,455
(€26,430–€70,480)
Furnishing & STR launch (10bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€72,150
All-in investment (incl. renovation & furnishing)€1.7M

Gross yield (asking price)

13.0%

True gross yield (all-in)

11.0%

Estimates use Portugal's investment IMT schedule (non-permanent residence). Actual notary & legal vary; budget +€500–1,000 for surveyor, due-diligence and bank-mortgage fees if financing. Renovation cost is a heuristic on property condition × m² — verify with a site visit. Furnishing uses finish-level-tiered rates covering beds, living, kitchen, electronics, AL licence, linens & professional photography. Working capital (2-3 months operating buffer) not included.

Bedrooms: 10
Bathrooms: 7
Building: 881 m²
Land: 896 m²
Style: portuguese-traditional
Condition: good
Year Built: 1856
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

courtyard pooltraditional Portuguese architecturerooftop solar panels

Score Breakdown

ROI
23.85
Visual Appeal
10
Ownership Security
13
Location
7.2
Land & Space
6
Rental Demand
3.67
Payback Speed
4
STR Suitability
3

Description

Historic Palace in the Heart of Silves In the heart of Silves’ Historic Centre lies this 19th-century manor house, built in 1856 and fully renovated in 2012, offering direct views of Silves Castle and the city. With 881 m² of construction on a 896 m² plot, this unique property blends historical charm with modern comf

Location

📍 37.1890°N, 8.4390°W

· Silves, Algarve, Portugal

View on Idealista.pt
Idealista.pt
Silves / Central Algarve

Detached house in Rua Miguel Bombarda, 43, Centro da Cidade, Silves

Inventory
10 Beds
Bathrooms
7 Baths
Built Area
881 m²
Land Plot
896 m²
Tenure
Freehold
Yield Curve Status

Grade B+ investment — short-term rental yields 8.8% net return annually.

Go to Source via Idealista.pt

The Investment

Brixfox Score71
GradeB+
Brixfox Intelligence
71B+Strong
Score Breakdown
ROI & Yield78%
Capital Growth75%
Risk Profile72%
Market Demand71%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+12.6%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+3.8%
+$272K in 5yr (+19%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
8.8%
$11,612/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
8 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
11.3 yr
Rental only

Property details

Year built: 1856
Condition: good

Description

Historic Palace in the Heart of Silves In the heart of Silves’ Historic Centre lies this 19th-century manor house, built in 1856 and fully renovated in 2012, offering direct views of Silves Castle and the city. With 881 m² of construction on a 896 m² plot, this unique property blends historical charm with modern comf

Income Breakdown

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Nightly Rate (ADR)
$2,042/night
50% ($939)Brixfox estimate($2,042/night)200% ($3757)
Occupancy
37%
10%Brixfox estimate(37%)100%

Short-Term Rental

Yearly income
$139,341
Airbnb data$2,042/night · 37% occupancy
Rental income
$2,042/night · 37% occ.
$273,268
Running costs (20%)
Utilities, cleaning, maintenance
-$54,654
Income tax (10%)
Indonesian rental income tax
-$76,515
Property tax
Annual property tax
-$2,758
Net income
8.8% ROI
$139,341

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$1,576,087
IMT (transfer tax, investment schedule)$118,207
Imposto de Selo (stamp duty)$12,609
Notary & registration$1,359
Legal / due diligence$23,641
Total acquisition costs$155,815
Renovation (~$60/m²)
Light touch-ups — paint, fixtures, deep clean.		$52,668
($28,728–$76,609)
Furnishing & STR launch
10bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$76,250
All-in investment$1,860,821

Gross yield (asking)

17.3%

True gross yield (all-in)

14.7%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Silves.

$12.4M$9.3M$6.2M$3.1M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.4M
Capital appreciation
Property value growing at +4%/yr based on Silves market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 10: rental income alone has repaid the full purchase price.
2x return
Year 8: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.8M
+22%
Rental Income
+$681K
Total Position
$2.4M
+69%
11.0%/yr
Year 10
Capital Value
$2.1M
+48%
Rental Income
+$1.5M
Total Position
$3.6M
+149%
9.6%/yr
Year 20
Capital Value
$3.2M
+119%
Rental Income
+$3.4M
Total Position
$6.6M
+357%
7.9%/yr
Year 30
Capital Value
$4.7M
+224%
Rental Income
+$6.1M
Total Position
$10.8M
+645%
6.9%/yr

Location

Silves

Central Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
8.8% annual return
Occupancy
Weak
37% average occupancy
Nightly Rate
Strong
$1878 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
896 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 8.8% — outperforms most villas in this market
Premium nightly rate of $1878 — positioned in the top tier
Generous 896 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 37% — factor in seasonal gaps

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
9.8%
$12,811/mo
40% occ.
13.1%
$17,158/mo
37% occ.
12.0%
$15,711/mo
current
47% occ.
15.3%
$20,058/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.